Re: Jim Gray--Galore Creek
in response to
by
posted on
Sep 23, 2012 02:43PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
"Keep it themselves or split three ways with Xstrata,.."
Based on past conversations with CUU managment, Xtrata will not be in the picture - if you believe what management says - and I do.